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    8342 S Wabash Ave Chicago, IL 60619

    New
    For Sale
    $330,000

    Residential Income - Chicago, IL

    Days on Market:
    2
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 8342 S Wabash Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    20343000390000
    Parking
    2

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1923
    Roof type
    Flat
    Architectural style
    Other

    Dream Town Realty (312) 265-8000 [email protected]

    Listing agent Omorodion Eguasa (312) 265-8000 License #475193478

    Listing date Dec 12, 2025

    MLS# 12526998 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Residential Income Opportunity

    Located on a quiet block in Chicago's Chatham community, this income-producing property at 8342 S Wabash Ave presents an investor opportunity. The property is fully occupied with reliable tenants, offering immediate cash flow and long-term rental upside. The spacious layout features updated interiors, including modern flooring, refreshed kitchens and baths, and well-kept mechanicals. A finished basement provides additional living space, increasing rental appeal and flexibility for future value-add improvements. The property includes a private backyard and a detached garage. Its location near public transportation, major roadways, shopping, and everyday conveniences supports consistent rental demand. This property is being sold as-is.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6232543
    Latitude
    41.7423983

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    FAQs

    What type of property is this?
    Duplex - Well-maintained, income-producing property in Chicago's Chatham community.
    Where is this duplex located?
    The property is located at 8342 S Wabash Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: - Immediate cash flow from fully occupied property with reliable tenants.; - Updated interiors with modern flooring, refreshed kitchens/baths minimize maintenance costs.; - Located in the sought-after Chatham community, near transportation, shopping, and conveniences, ensuring consistent rental demand.
    (312) 265-8000
    Request Owner's contact information
    8342 S Wabash Ave Chicago, IL 60619
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8342 S Wabash Ave Chicago, IL 60619
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